On the occasion of today's announcement of the results financial achievements in the third quarter of this year, the Group Kuehne+Nagel has announced its intention to start a cost reduction program that is motivated by the company's management by a market situation characterized by overcapacity and pressure on yields and from which it expects annual savings of at least 200 million Swiss francs (€216 million). "Despite the very difficult market conditions - said The Group's Managing Director, Stefan Paul - Kuehne+Nagel is Managed to gain market share thanks to targeted investments in key areas. With the launch of cost-cutting measures to At the Group level, we are now taking steps to safeguard the cost base. Challenging external factors - he specified - are forcing us to improve sustainably and permanently our efficiency and performance concept. Keep high quality levels of customer service remains a absolute priority". The company specified that of the 200 million francs in overall cost savings, at least 110 million francs million will derive from the reduction of personnel costs, 50 million million from the reduction in costs relating to the structures of the and 40 million from other measures.

Meanwhile, Kuehne+Nagel closed the third quarter of this year with gross sales of CHF 7.14 billion, with a down by -0.1% on the same period in 2024, and with a turnover net of 6.04 billion (-6.8%). Total costs have increased by +4.4% to 1.59 billion. Ebitda was 514 million (-22.2%), operating profit of 285 million (-37.4%) and net profit of CHF 206 million (-39.2%).

In the maritime shipping segment alone, which in the third quarter of 2025 handled goods amounting to 1.11 million TEU containers (-0.4%), net sales decreased by -15.0% to 2.25 billion. EBITDA and EBIT declined respectively by -49.6% and -56.6% having stood at 132 and 111 million francs. In the air freight sector, which has handled 564 thousand tons of goods (+7.2%), net turnover EBITDA was €1.72 billion (-5.0%), EBITDA was €106 million (-22.1%) and EBIT of €92 million (-23.3%). In the transport sector net sales amounted to €883 million CHF (+2.8%), EBITDA at CHF 37 million (-7.5%) and EBIT at CHF 20 million 8-9,1%). Quarterly performance in the Contract Logistics segment, where net sales are EBITDA of €1.19 billion (+1.7%), EBITDA of €239 million (+7.2%) and EBIT of €62 million (+8.8%).

In the first nine months of 2025, Kuehne+Nagel achieved a Net sales of CHF 18.52 billion, up by +2.7% on the same period of last year. EBITDA is EBIT was 1.71 billion (-7.5%), EBIT at 1.03 billion (-16.5%) and net profit at €761 million (-16.8%).